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Title: Resolving the African Financial Development Gap: Cross-country comparisons and a within-country study of Kenya Author(s): ALLEN, Franklin; CARLETTI, Elena; CULL, Robert; QIAN, Jun; SENBET, Lemma; VALENZUELA, Patricio Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO; 2012/15 Abstract: With extensive country- and firm-level data sets we first document that the financial sectors of most sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. We ...
Title: Financial Intermediation, Markets, and Alternative Financial Sectors Author(s): ALLEN, Franklin; CARLETTI, Elena; QIAN, Jun 'QJ'; VALENZUELA, Patricio Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO; 2012/11 Abstract: We provide a comprehensive review of firms’ financing channels (internal and external, domestic and international) around the globe, with the focus on alternative finance—financing from all the nonmarket, non-bank external ...
Title: The African Financial Development Gap Author(s): ALLEN, Franklin; CARLETTI, Elena; CULL, Robert; QIAN, Jun 'QJ'; SENBET, Lemma Date: 2010 Type of Publication: Working Paper Series/Report no.: EUI ECO; 2010/24 Abstract: Economic growth in Africa has long been disappointing. We document that the financial sectors of most sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. We ...

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